What consequences does not initiate execution in time?
When a company is mandated for not starting a public contract in time ... Uff, the night is coming. It is not only that the public entity is bother (which is already enough), but that you can fall legal and economic bronchs of all colors.
To start, the fines. They are not turkey mucus. Sometimes they are a good slice of the value of the contract - that is, it hurts. And all because the administration is not to walk anyone, who have their own brown and do not want more trouble because of a slow or clueless contractor.
What if the thing gets ugly? Because the public entity can send you for a walk and break the contract early. Imagine the show: You run out of the paste you thought about and, if you already released something, you still have to return it. What a click.
But wait, there is even more: if the delay is beast, they can take you to trial. And there, among lawyers, costs and possible compensation, you go the money and nerves.
And let's not talk about the reputation ... because in this world of public contracts, if they label you as a breach, it will cost you sweat and tears again winning another contest. Entities do not want repeat offenders in their suppliers list.
Eye, because not only the company has a bad time - the administration too. If they do not comply with the deadlines, public services are resent, people pissed off, and those above begin to ask for heads. So, everyone loses.
Moraleja? If you are going to get into a public tender, better make sure everything tied and well tied. Personnel, materials, plan B, whatever is needed. And if you see that the thing is complicated, warn soon, don't wait for the pump to explode.
Anyway, delaying with the beginning of a public contract is the perfect recipe for disaster: fines, loss of contracts, judgments, bad reputation ... a combo that nobody wants. So, if you get into this, you better be punctual.